Boeing Awarded $366M for Small Diameter Bomb I Lot 19, Raising Concerns Over Competition

Contract Overview

Contract Amount: $366,322,160 ($366.3M)

Contractor: THE Boeing Company

Awarding Agency: Department of Defense

Start Date: 2023-05-31

End Date: 2026-11-05

Contract Duration: 1,254 days

Daily Burn Rate: $292.1K/day

Competition Type: NOT COMPETED

Pricing Type: FIXED PRICE INCENTIVE

Sector: Defense

Official Description: SMALL DIAMETER BOMB I LOT 19 ALL UP ROUND

Place of Performance

Location: SAINT LOUIS, SAINT LOUIS County, MISSOURI, 63134

State: Missouri Government Spending

Plain-Language Summary

Department of Defense obligated $366.3 million to THE BOEING COMPANY for work described as: SMALL DIAMETER BOMB I LOT 19 ALL UP ROUND Key points: 1. Significant contract value of $366 million awarded to a single large defense contractor. 2. Lack of competition raises questions about price discovery and potential overspending. 3. The contract is for ammunition manufacturing, a critical defense sector. 4. Potential for taxpayer funds to be used inefficiently due to sole-source award.

Value Assessment

Rating: questionable

The contract's fixed-price incentive structure aims to control costs, but without competition, it's difficult to benchmark against similar contracts. The awarded amount of $366 million for 1254 days of performance warrants scrutiny.

Cost Per Unit: N/A

Competition Analysis

Competition Level: sole-source

This contract was not competed, indicating a sole-source award. This significantly limits price discovery and may lead to higher costs for taxpayers as there is no market pressure to offer competitive pricing.

Taxpayer Impact: The lack of competition in this sole-source award means taxpayers may be paying a premium for these munitions, as the government did not explore potentially lower-cost alternatives.

Public Impact

Taxpayers may be overpaying for essential defense munitions due to the absence of competitive bidding. The Department of Defense relies on contractors like Boeing for critical weapon systems, making oversight crucial. This award highlights a potential gap in ensuring maximum value for defense spending.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

  • Sole-source award limits competition
  • Potential for inflated pricing
  • Lack of transparency in price justification

Positive Signals

  • Addresses critical defense need for munitions
  • Fixed-price incentive contract aims for cost control

Sector Analysis

This contract falls within the defense sector, specifically ammunition manufacturing. Spending benchmarks in this area are often influenced by geopolitical factors and the need for advanced weaponry, but competitive pricing remains a key concern.

Small Business Impact

The contract data indicates that small businesses were not involved in this specific award, as it was awarded directly to The Boeing Company. Further analysis would be needed to determine if subcontracting opportunities exist for small businesses.

Oversight & Accountability

The Department of Defense, through its agencies like the Defense Contract Management Agency, is responsible for overseeing this contract. However, the sole-source nature of the award necessitates robust oversight to ensure fair pricing and effective delivery.

Related Government Programs

  • Ammunition (except Small Arms) Manufacturing
  • Department of Defense Contracting
  • Defense Contract Management Agency Programs

Risk Flags

  • Lack of competition
  • Potential for cost overruns
  • Limited transparency in pricing
  • Long contract duration

Tags

ammunition-except-small-arms-manufacturi, department-of-defense, mo, delivery-order, 100m-plus

Frequently Asked Questions

What is this federal contract paying for?

Department of Defense awarded $366.3 million to THE BOEING COMPANY. SMALL DIAMETER BOMB I LOT 19 ALL UP ROUND

Who is the contractor on this award?

The obligated recipient is THE BOEING COMPANY.

Which agency awarded this contract?

Awarding agency: Department of Defense (Defense Contract Management Agency).

What is the total obligated amount?

The obligated amount is $366.3 million.

What is the period of performance?

Start: 2023-05-31. End: 2026-11-05.

What is the justification for awarding this contract on a sole-source basis, and what steps were taken to ensure fair and reasonable pricing?

The justification for a sole-source award typically involves factors like unique capabilities, urgent need, or lack of viable alternatives. The government should have conducted a thorough price analysis, potentially using historical data or independent cost estimates, to ensure the negotiated price was fair and reasonable despite the absence of competition. This process is critical for taxpayer protection.

How does the per-unit cost of these Small Diameter Bombs compare to similar munitions procured through competitive processes?

Without access to detailed cost breakdowns and comparative data from competitive procurements, it is difficult to definitively assess the per-unit cost. However, the lack of competition inherently suggests a higher risk of the per-unit cost being above market rates. Further investigation into historical pricing and industry benchmarks is recommended.

What measures are in place to ensure the effectiveness and timely delivery of these munitions, given the significant contract value and duration?

The contract includes a fixed-price incentive structure, which incentivizes both the contractor and the government to meet cost targets. The Defense Contract Management Agency (DCMA) will likely provide oversight for quality assurance and delivery schedules. However, the long duration and sole-source nature necessitate vigilant monitoring to ensure performance standards are met.

Industry Classification

NAICS: ManufacturingOther Fabricated Metal Product ManufacturingAmmunition (except Small Arms) Manufacturing

Product/Service Code: AMMUNITION AND EXPLOSIVES

Competition & Pricing

Extent Competed: NOT COMPETED

Solicitation Procedures: ONLY ONE SOURCE

Pricing Type: FIXED PRICE INCENTIVE (L)

Evaluated Preference: NONE

Contractor Details

Address: 6200 JAMES S MCDONNELL BLVD, SAINT LOUIS, MO, 63134

Business Categories: Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $366,735,795

Exercised Options: $366,735,795

Current Obligation: $366,322,160

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: YES

Parent Contract

Parent Award PIID: FA867220D0001

IDV Type: IDC

Timeline

Start Date: 2023-05-31

Current End Date: 2026-11-05

Potential End Date: 2026-02-28 00:00:00

Last Modified: 2026-01-15

More Contracts from THE Boeing Company

View all THE Boeing Company federal contracts →

Other Department of Defense Contracts

View all Department of Defense contracts →

Explore Related Government Spending